Nonalloy hi-strength steel, with a width of 600mm or more, is a type of cold-rolled flat-rolled product that is commonly imported and exported. This steel is typically in the form of coils and has a thickness of less than 0.5mm. It is important to note that this product is not clad, plated, or coated.
HS Code 72091815 is used to classify and identify this specific type of nonalloy hi-strength steel in international trade. The HS code is an internationally recognized system for categorizing and harmonizing traded products. It allows for uniformity and standardization in customs procedures, tariffs, and trade statistics across different countries.
When it comes to the importation of HS Code 72091815, certain countries may have specific regulations and tariff rates. In the case of the United States, several states have been identified as major importers of this product. These states include Illinois, Oregon, and Pennsylvania.
For the purpose of customs declarations and trade statistics, the quantity unit for HS Code 72091815 is measured in kilograms (KG). This unit of measurement allows for accurate tracking and monitoring of the volume of imported and exported nonalloy hi-strength steel.
In terms of trade barriers and market access, countries often negotiate special tariff preference programs. These programs aim to facilitate trade and provide certain benefits to specific goods or services. While specific details may vary, it is important to note that HS Code 72091815 may be eligible for such programs, depending on the trading partners involved.
It is worth mentioning that the bound or most-favored-nation (MFN) duty rate for HS Code 72091815 is free. This means that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This principle of non-discrimination ensures fair and equal treatment in international trade.
HS Code 72091815 represents nonalloy hi-strength steel, which is a widely traded product in international markets. Understanding the HS code and its associated regulations, tariff rates, and trade preferences is essential for importers, exporters, and policymakers involved in global trade.